{
  "url": "https://openlegislation.uk/price-indications-bureaux-de-change-regulations-1992/regulation-2",
  "json_url": "https://openlegislation.uk/price-indications-bureaux-de-change-regulations-1992/regulation-2.json",
  "legislation": "uksi/1992/316",
  "legislation_title": "The Price Indications (Bureaux de Change) Regulations 1992",
  "legislation_url": "https://openlegislation.uk/price-indications-bureaux-de-change-regulations-1992",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Interpretation",
  "text": "In these Regulations—\n“bureau de change” has the meaning assigned to it by regulation 3(2) below and references to a person operating a bureau de change shall be construed accordingly;\n“buying rate” means the amount of a specified foreign currency which the person giving the exchange rate indication will buy from a consumer for the sum of £1 sterling, subject, if that be the case, to payment of any commission or other charge not taken into account in the calculation of that amount;\n“deal” means purchase from or sell to a consumer foreign currency and “dealing” shall be construed accordingly;\n“exchange rate”, except in the expression “exchange rate indication”, means a buying rate or a selling rate, as the case may be;\n“exchange rate indication” has the meaning assigned to it by regulation 3(3) below;\n“foreign exchange” means the currency (other than sterling) of any country and in any form (other than bankers' drafts) and includes European Currency Units; and\n“selling rate” means the amount of a specified foreign currency which the person giving the exchange rate indication will sell to a consumer for the sum of £1 sterling, subject, if that be the case, to payment of any commission or other charge not taken into account in the calculation of that amount.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1992/316/regulation/2",
    "retrieved_at": "2026-10-29T14:29:10.787337+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}